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Components of Net Periodic Pension Cost
 6 Months Ended
Jun. 30, 2016
Compensation and Retirement Disclosure [Abstract]  
Components of Net Periodic Pension Cost

Note 10. Components of Net Periodic Pension Cost

The Company maintained a non-contributory defined benefit pension plan for substantially all of its employees until March 31, 2007, at which time the Company froze the plan. The following table sets forth the net periodic pension cost of the Company’s pension plan for the periods indicated.

Three Months Ended Six Months Ended
June 30, June 30,
2016       2015       2016       2015
(in thousands)
Interest cost $      129 $      129 $     257 $      267
Expected return on plan assets (155 )   (127 ) (291 ) (264 )
Net amortization 102 108 204 216
Recognized settlement loss - 115 - 565
       Net periodic pension cost $ 76 $ 225 $ 170 $ 784  
 
       Amortization of actuarial loss $ - $ (261 ) $ (101 ) $ (1,003 )
 
       Total recognized in other comprehensive income $ - $ (261 ) $ (101 ) $ (1,003 )
 
Total recognized in net expense and OCI (before tax) $ 76 $ (36 ) $ 69 $ (219 )